Describe global poverty trends. Describe global poverty trends. The proportion of people in developing countries living in extreme economic poverty i.e. on less than $ 1 per day as defined by World Bank has fallen from 28% in 1990 to 21% in 2001.
In 2021 an estimated 698 million people, or 9% of the global population, are living in extreme poverty – that is, living on less than $1.90 a day. Over one-fifth of the global population live below the higher $3.20 poverty line (1,803 million people), and over two-fifths (3,293 million people) live below $5.50 a day.
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Answer:
Describe global poverty trends. Describe global poverty trends. The proportion of people in developing countries living in extreme economic poverty i.e. on less than $ 1 per day as defined by World Bank has fallen from 28% in 1990 to 21% in 2001.
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Explanation:
In 2021 an estimated 698 million people, or 9% of the global population, are living in extreme poverty – that is, living on less than $1.90 a day. Over one-fifth of the global population live below the higher $3.20 poverty line (1,803 million people), and over two-fifths (3,293 million people) live below $5.50 a day.
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